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BUSINESS

BUSINESS latest

TikTok U.S. operations divested in $14B landmark deal with China
September 27th, 2025 - 11:27 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

TikTok U.S. operations divested in $14B landmark deal with China

ALBAWABA- In a high-profile move blending national security concerns with economic strategy, President Donald Trump signed an executive order approving a $14 billion deal to divest TikTok’s U.S. operations from Chinese parent ByteDance. The transaction transfers operational control and U.S. user data to American hands, averting a potential nationwide ban affecting the app’s 170 million U.S. users. President Donald Trump advanced plans for American investors to buy TikTok’s US operations ...
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Al Bawaba
November 9th, 2000 - 02:00 GMT

Bank of Cyprus debuts firmly on weak Athens bourse, helping Nicosia market

Al Bawaba
November 9th, 2000 - 02:00 GMT

TransGlobe Energy annnounces production start-up in Yemen

Al Bawaba
November 9th, 2000 - 02:00 GMT

Amerada Hess to acquire LASMO plc

Al Bawaba
November 9th, 2000 - 02:00 GMT

Paris court bars extradition of banker to Egypt

Al Bawaba
November 9th, 2000 - 02:00 GMT

Fair to promote trade between Islamic states

Al Bawaba
November 9th, 2000 - 02:00 GMT

IRC wants individuals' life insurance premiums exempted from income-tax

Al Bawaba
November 9th, 2000 - 02:00 GMT

Arab Banking Corp. profits up 15 percent

Al Bawaba
November 9th, 2000 - 02:00 GMT

Syria hosts investors' conference to boost economy

Al Bawaba
November 9th, 2000 - 02:00 GMT

Netherlands' Nepostel wins Jordanian postal services tender

Al Bawaba
November 9th, 2000 - 02:00 GMT

Syria’s budget for banking sector estimated at SP 679.9 billion

Al Bawaba
November 9th, 2000 - 02:00 GMT

Iraq says Morocco proposes increasing bilateral cooperation

Al Bawaba
November 9th, 2000 - 02:00 GMT

Official Turkish agency issues new rules for bank owners

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